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srikartiram
Dec 2, 2022 10:24 AM

HERITGFOOD | One more food company - Looks potential for 30-50% Long

HERITAGE FOODS LTDNSE

Description

HERITGFOOD | One more food company - Looks potential for 30-50%

CMP : 345 (Dip : 335)
SL : 310
Target : 440, 540

1:3+ risk reward setup
Comments
Kotha_Rao
It won't go up. Not because of Technical, but due to Politics. Company is owned by Chandra Babu Naidu former Chief Minister of Andhra. Now, his opponent is in Power, and they are trying every trick to close down this company. Their products are not allowed to sell in Andhra which is their many market (60%+). Same thing happened to Amara Raja whose owner is no.2 in Chandra Babu Naidu party. (Note: I am from Andhra)
sksingh339
great
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